09Jan
Chancery Provides Further Clarity Regarding Material Adverse Effect Clauses in Merger Agreements
Channel Medsystems, Inc. v. Boston Scientific Corp., C.A. No. 2018-0673-AGB (Del. Ch. Dec. 18, 2019). Material adverse effect clauses provide a form of buy-side protection in merger agreements. These often are complex provisions permitting the buyer...
By:
Morris James LLP
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